Pearson leaves CIT
PA Wellington Mr Frank Pearson has resigned as a director of Capital Investment Trust (CIT), Fay, Richwhite Investment Management announced yesterday. Mr Pearson said he had left Fay, Richwhite and Company Capital Investment Trust to join Colonial Mutual Life Assurance Society. He said he had already left
Fay, Richwhite and would take up his new position tomorrow.
“I left for a multiplicity of reasons, very many of them personal, but wholly amicably,” Mr Pearson said. As fund manager with CML he will have about $BOO million to invest against a very much smaller amount with the Capital Investment Trust, which he joined earlier this year.
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Press, 2 December 1987, Page 46
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108Pearson leaves CIT Press, 2 December 1987, Page 46
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